GST Articles

Mahagst | Online portal for GST in Maharashtra

Posted by CCI Team 20 August 2021 14732 Views

Mahagst gov in, the Department of Goods and Services Tax of the state of Maharashtra has taken an initiative with the objective of providing ease of doing business.

What is E-way Bill?

Posted by Vaishali Dhek 20 August 2021 2924 Views

E-way Bill is a document mandated by Section 68 of the GST Act for the movement of goods of value exceeding Rs 50000. E-way bill can be generated on the E-way Bill Portal.

Flow Chart of GST Registration Applicability in case of Electronic Commerce Supply

Posted by Latish Alwani 18 August 2021 11467 Views

GST Registration Applicability in case of E-Commerce Supply with regard to E-commerce, E-commerce Operator and Mandatory Registration for E-Commerce Operator & Suppliers Supplying through it.

GST Year End Activities

Posted by jaskamal singh 18 August 2021 6601 Views

For Finance professionals in India, FY ends on 31st March, but for people working in GST, it ends on 30th September. Discussing some points that must be noted regarding the year end activities of GST.

Zero rated supplies under GST

Posted by Abhishek Raja 18 August 2021 8646 Views

In case of zero ratings, not only is the output exempt from payment of tax, there is no bar on taking/availing credit of taxes paid on the input side for making/providing the output supply.

GST Scrutiny Parameters

Posted by CA Umesh Sharma 18 August 2021 9438 Views

An officer may scrutinize the return furnished by registered persons to verify the correctness of the return and inform them of the discrepancies noticed and seek their explanation thereto.

GST Charcha on Union Budget 2021: Interest leviable only on Net Tax Liability

Posted by Bimal Jain 17 August 2021 1818 Views

This GST Charcha deciphers into recent changes in GST Laws made vide Clause No. 103 of the Finance Bill, 2021 to provide certainty as to leviability of interest only on Net Tax Liability.

GST Charcha on Union Budget 2021: GST Audit by professionals scrapped?

Posted by Bimal Jain 17 August 2021 4008 Views

This GST Charcha deciphers into recent changes in GST Laws made vide Clause No. 101, 102 and 112 of the Finance Bill, 2021 with respect to scrapping GST Audit by professionals and moving to self-certification.

GST Monthly Due Date Tracker - August, 2021

Posted by CS Lalit Rajput 12 August 2021 8517 Views

Discussing the GST Due Date Compliance Calendar for August 2021 including GSTR-3B, GSTR-1, Non Resident Taxpayers, ISD, TDS, TCS and GST Refund Compliances.

Interest can be levied if ITC wrongly availed but not utilized?

Posted by Ashish Miglani 12 August 2021 4542 Views

Discussing Section 50: Interest on delayed payment of tax, Section 42(10): Matching, reversal and reclaim of ITC, and Section 43(10): Matching, reversal and reclaim of reduction in output tax liability.